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Xiaomi founder Lei Jun’s purchase of about HK$100 million (S$16.8 million) worth of company stock may help bolster sentiment in the smartphone maker after shares tumbled more than 30 per…
China’s mature EV supply chain helps Xiaomi to reach scale without needing heavy capital Xiaomi parlayed its popularity with an existing customer base to rake in orders for its push into…
Adjusted net profit reaches 11.3 billion yuan (S$2.1 billion), exceeding the average estimate of 10.3 billion yuan China’s Xiaomi reported a 80.9 per cent jump in third-quarter profit on…
The company has not publicly acknowledged that the accidents involved its electric vehicles Shares of Chinese electric vehicle (EV) maker Xiaomi suffered their biggest weekly loss in more…
Xiaomi shares fell the most since April after reports that one of its SU7 electric sedan’s doors failed to open after a fiery crash in the southwest Chinese city of Chengdu, trapping at…
The company’s shares may face short-term pressure, but police citing driver error could limit losses Xiaomi shares fell the most since April after reports that one of its SU7 electric…
The German luxury-car maker and its Western peers have long enjoyed strong growth in the Asian nation, with renowned precision engineering of combustion-engine vehicles Chinese automakers…
Lei challenges Apple directly, shifting Xiaomi’s branding and timing to rival the US company’s best Xiaomi’s billionaire co-founder unveiled a US$630 smartphone designed to take on the…
Xiaomi intends to sell its first electric vehicle (EV) in Europe by 2027, declaring plans to take on Tesla and BYD globally after gaining traction with its year-old Chinese EV business.…
Lei Jun, founder and chairman of Xiaomi, the only tech company to have successfully diversified into carmaking, could not resist. Speaking at a triumphant launch event in Beijing late last…
Chinese EV and smartphone maker Xiaomi on Thursday (Jun 26) priced its new electric YU7 SUV from 253,500 yuan (S$45,102), almost 4 per cent below Tesla’s Model Y, stepping up the challenge…
Xiaomi released its first EV model, the SU7, in early 2024. By the end of the year, foreign diplomats, investors, and guests from other Chinese companies had already started arriving at…
China’s Xiaomi reported a 47.4 per cent annual jump in first-quarter revenue on Tuesday (May 27) as the company doubled down on making electric vehicles. Revenue for the quarter ended Mar…
Xiaomi’s billionaire founder outlined plans Thursday (May 22) to outfit its top-end devices with advanced homegrown mobile processors, showcasing the company’s ambitions to expand its tech…
Xiaomi’s billionaire founder outlined plans for its first SUV and top-end gadgets with self-developed mobile chips, showcasing ambitions to expand its technology portfolio and move past a…
Investors are betting on EVs to drive the company’s business, with China’s smartphone market suffering from fierce competition and sluggish growth Xiaomi pushed back the debut of…
